Southern Code’s Post

In a recent webinar, I had the opportunity to discuss the dynamic shifts occurring within the hospitality industry, particularly focusing on urban markets that have shown remarkable resilience post-pandemic. Despite the challenges faced during the pandemic, which led many to question the future viability of cities like New York, the reality on the ground tells a different story. Walking through the bustling streets of Times Square earlier today, it is evident: New York is not just bouncing back; it is thriving, particularly in the hotel sector. For investors, developers, and industry professionals, the message is clear: understanding the nuanced dynamics of distressed transactions, regulatory changes, and market recovery is key to identifying and capitalizing on opportunities. Where are you seeing opportunities? #hotelindustry #hotelbusiness

Modern era… or a sign of the times… Either way you look at it, you’re going to have to start to modernise they way in which you run your business. Especially in hospitality! We are reluctant to change ‘old, outdated’ systems, merely for the fear of the unknown, but what if modernisation is exactly what your business requires. Yes, change is a GOOD thing! I know stepping into the unknown, or changing what works well feels daughting and unnecessary, but it’s important we make changes in accordance to current times. The importance of bringing new technologies into hospitality will allow the sector to continue to grow, and with the assistance of tech, the growth will be far greater. Don’t get stuck in the past. Don’t be afraid to ask questions inorder to understand what is the right tech for your business. The younger generation will soon be the face of our industry, they come with nothing but a tech focused mind. If you do not allow yourself to be adaptable and adjust to change, you’re going to miss out on the next best thing stepping across your threshold. grtfl® Mason Potter Matthew Chestnutt Chris Fletcher Adam Forman Shawn P. Walchef Scot Turner MIH Andy Jones MIHI Kieron Bailey “Your Host For Hire” Rupert Culme-Seymour Dan Nash #hospitalitytech #hospitalityinnovation #modernisation #techfocused #innnovation #peoplefirstculture #culturechange #culturematters #restaurantindustry #hotelmanagement #hoteltechnology #hoteltech #legislation #tipping #hospitalityleaders

WIth all of the #privateequity money around the United States do you think a few of you #VC types could get together and house TeamUSA in available hotels? Really day beds in hostels would be an improvement. #management #venturecapital #innovation #technology

Unlock the Post-Pandemic Potential of Hospitality Real Estate 🌟🔓 COVID-19 might have hit hard, but it also opened doors to innovation. Learn how savvy investors are turning challenges into opportunities with bold strategies and tech advancements. Ready to wave your wand? Read on! #CommercialRealEstate #InvestmentStrategy https://lnkd.in/edEPnTPs

The situation of investment in hotel assets needs to be contextualized relative to other asset classes which vary in investor favor based on expected returns and medium to long-term outlooks. Traditionally, major players in the sector such as Unibail-Rodamco-Westfield, Gecina, Klépierre, Covivio, or Société Foncière Lyonnaise, aim to diversify their portfolios among office real estate, commercial real estate, residential real estate, including managed residential segments

🌟 Tip of the day: Innovation Spotlight: Finding Your Strategic Sweet Spot 🚀 Innovation is the key to gaining a competitive edge in today’s dynamic business landscape. At BIMC, we’re passionate about helping businesses discover their strategic sweet spot – the intersection of innovation and market demand that drives success. Take inspiration from the Guinness World Record Holder for the first robot-staffed hotel, the Henn na Hotel brand in the video below. By embracing cutting-edge technology and reimagining traditional hospitality, they have revolutionized the guest experience with fully automated check in services. In our latest video, we showcase how innovation and strategic thinking can redefine industry norms. Watch as I share my experience staying at a hotel with no receptionist, courtesy of the Henn na Hotel brand. Let’s explore how your business can leverage innovation to uncover its strategic sweet spot and gain a competitive advantage. Are you ready to innovate and elevate your business to new heights? #Innovation #StrategicSweetSpot #CompetitiveAdvantage #BusinessStrategy 🌐💡

Question: How do existing owners feel about these types of partnerships? Do these 9,000 units compete directly with the brand's existing extended stay and select service products in these submarkets? This partnership is one more example of the, "Maturation of the Hotel Industry Drives Convergence with Other Sectors to Facilitate Growth" trend that CBRE Hotels, and others, have been been writing about for some time. https://lnkd.in/gwbwR6Ky The benefits to the strategic partners are clear, but how do legacy owners and investors feel? Nice overview of the deal by Skift's Sean O'Neill. CBRE, CBRE Capital Markets, CBRE Valuation and Advisory Services, CBRE España, Laura Peláez Corredor, Christine Bang, Ronald Chan, John Barreto, Darice Fichter Rose, Celeste Santangelo, Robert Mandelbaum, Michael Nhu

Breaking the Mould in Hospitality Real Estate: The Secret Sauce to Profitability and Growth The world of real estate within the hospitality sector is not just about prime locations and luxury amenities anymore. It's an arena where innovation in funding, sustainability, and technology are rewriting the rules of the game. Traditionally, real estate companies in the hospitality space have relied on direct investment, bank loans, or private equity to fuel their growth. However, the landscape is shifting. Enter Real Estate Investment Trusts (REITs) - a game-changer providing a more democratic way of investing in high-value hospitality assets. REITs not only offer a liquid avenue for investment but also open the door to a wider range of investors seeking to get a slice of the lucrative hospitality real estate pie. But how do you sustain growth in such a capital-intensive sector? The answer lies in embracing sustainability. Green buildings, energy-efficient operations, and eco-friendly practices are no longer optional. They are essential for reducing operational costs, attracting a new generation of eco-conscious guests, and complying with increasingly stringent environmental regulations. Sustainable growth in hospitality real estate is not just about being green; it's about being smart and future-proof. Technology, on the other hand, is the silent workhorse driving competitive edge and better margins. From AI-powered customer service bots and IoT-enabled room services to blockchain for secure, transparent transactions, technology is revolutionising the guest experience while optimising operational efficiencies. It's about creating unforgettable experiences that keep guests coming back, all while keeping the bottom line healthy. In conclusion, the new era of hospitality real estate is characterised by innovative funding mechanisms, a steadfast commitment to sustainability, and a tech-savvy approach to guest services and operations. The companies that will thrive are those that view these elements not as challenges to overcome but as opportunities to redefine the hospitality experience. Ready to innovate your approach to hospitality real estate? Let's start a conversation on the future of the industry. Hi, I am Asheesh Chatterjee, a CA, CMA (India & UK) and an alumni of Kellogg School of Management. I love talking about my views on Business Finance across sectors #hospitality #realestate #Reits #CXO

🌟🚀 Exciting News for Hospitality Investors! Catch me at #CHIC Toronto, April 8-9! 🚀🌟   🛑 Are you feeling the pressure of a tight labor market impacting your investments? 😔 🔍 Unifocus elevates your strategy with precise forecasting to anticipate staffing needs with accuracy while adhering to work rules! 💼✨   ⏰ Is your staff spending excessive time on manual schedule creation affecting your bottom line? 😩 🚀 Unifocus accelerates scheduling with our cutting-edge machine learning technology! Swift, efficient, and optimized. 🚀💡   💪 Are housekeeper assignments causing operational headaches? 😓 🔗 Unifocus seamlessly integrates with your PMS, reducing the workload for executive housekeepers from an average of 45 minutes to mere seconds! ⚡🏠   💼 These features are just the tip of the iceberg! Discover how our solutions can transform your hotel's operations and drive success. 💫 Embrace efficiency, unlock your investment's full potential! 💫 Let's optimize operations for maximum profitability. 💼✨ #CHIC2024 #HotelInvestments #HospitalitySolutions #TechInnovation Big Picture Conferences Inc. The Westin Harbour Castle, Toronto

Breaking the Mould in Hospitality Real Estate: The Secret Sauce to Profitability and Growth The world of real estate within the hospitality sector is not just about prime locations and luxury amenities anymore. It's an arena where innovation in funding, sustainability, and technology are rewriting the rules of the game. Traditionally, real estate companies in the hospitality space have relied on direct investment, bank loans, or private equity to fuel their growth. However, the landscape is shifting. Enter Real Estate Investment Trusts (REITs) - a game-changer providing a more democratic way of investing in high-value hospitality assets. REITs not only offer a liquid avenue for investment but also open the door to a wider range of investors seeking to get a slice of the lucrative hospitality real estate pie. But how do you sustain growth in such a capital-intensive sector? The answer lies in embracing sustainability. Green buildings, energy-efficient operations, and eco-friendly practices are no longer optional. They are essential for reducing operational costs, attracting a new generation of eco-conscious guests, and complying with increasingly stringent environmental regulations. Sustainable growth in hospitality real estate is not just about being green; it's about being smart and future-proof. Technology, on the other hand, is the silent workhorse driving competitive edge and better margins. From AI-powered customer service bots and IoT-enabled room services to blockchain for secure, transparent transactions, technology is revolutionising the guest experience while optimising operational efficiencies. It's about creating unforgettable experiences that keep guests coming back, all while keeping the bottom line healthy. In conclusion, the new era of hospitality real estate is characterised by innovative funding mechanisms, a steadfast commitment to sustainability, and a tech-savvy approach to guest services and operations. The companies that will thrive are those that view these elements not as challenges to overcome but as opportunities to redefine the hospitality experience. Ready to innovate your approach to hospitality real estate? Let's start a conversation on the future of the industry. Hi, I am Asheesh Chatterjee, a CA, CMA (India & UK) and an alumni of Kellogg School of Management. I love talking about my views on Business Finance across sectors #hospitality #realestate #Reits #CXO